{"id":614,"date":"2013-02-14T08:14:00","date_gmt":"2013-02-14T08:14:00","guid":{"rendered":"\/?p=614"},"modified":"2013-03-25T19:55:48","modified_gmt":"2013-03-25T19:55:48","slug":"yafarm-technologies-inc-pinkyfrm-market-bulls-pump-still-running","status":"publish","type":"post","link":"\/articles\/yafarm-technologies-inc-pinkyfrm-market-bulls-pump-still-running\/","title":{"rendered":"YaFarm Technologies, Inc. (PINK:YFRM) Market Bulls Pump Still Running"},"content":{"rendered":"

\"YFRM_chart2.png\"Yesterday pumpers continued hammering YaFarm Technologies, Inc. (PINK:YFRM<\/a>), after the stock closed up over 42%, carried by the current massive promotional campaign. <\/p>\n

Pumper MarketBulls sent a new tout email last night, touting the chart movement of YFRM<\/a>, neglecting the fact that the movement happened because of previous pumps in the first place. The pumping for YFRM<\/a> started on February 5 with nearly 70 tout emails sent until today. MarketBulls pocketed a mouth-watering $100 thousand to advertise the stock, with other pumpers such as OTCMarketAlerts disclosing $50 thousand more, bringing the promotional budget for YFRM<\/a> up to at least $150 thousand.<\/p>\n

The recent company press releases touted an acquisition agreement according to which YFRM<\/a> should acquire the Integrative Stem Cell Institute, an entity claiming to offer stem cell therapy to patients in its facility in Cancun, Mexico. Assuming such a contract exists, it’s really hard to imagine how YFRM<\/a>, a company that was virtually a shell with ZERO revenue, ZERO total running expenses and total assets of $1,051 intends to pay for what the press release calls an acquisition.<\/p>\n

Up until Q4 of 2012 YFRM<\/a> was engaged with web development, at least according to its reports. In mid-December the two gentlemen, Mr. Zhiguang Zhang and Mr. Hong Zhao who occupied just about every management and board position of the company, resigned. Their place was taken by two new gentlemen, currently listed as CEO and President of the business. Investors may find it curious that YFRM<\/a>‘s new CEO is actually a newly graduated exercise physiologist.<\/p>\n

Following the change in management and board, YFRM<\/a> executed a conveniently timed forward split of its stock in January, issuing 5 new shares for each old share. With the common stock increased fivefold, the setup was right for a huge pump – the same that started on February 5, when the stock began actually trading, after months of zero activity.<\/p>\n

YFRM<\/a> is dishing out press releases at a rapid-fire pace and the stock is climbing, carried by both pumps and PR hype. The events touted in those are not reflected in any new filing and according to the most current hard information investors have, the company has just a little over a thousand dollars to its name. Promoters who are going to pocket hundreds of thousands of dollars, however, can tout just about anything as long as they get paid. Their disclaimers disclose a length of 2 months for this campaign, so this can possibly run higher, making for an even more spectacular fumble when the pumping stops.<\/p>\n

Traders are advised to be very careful with penny stocks targeted by high-paid pumps as their price movement is largely hype-driven and once the pumping stops, the stock often burns a hole in investor pockets. Do your own due diligence and don’t trade on paid recommendations sent to your email.<\/p>\n

\"\" <\/p>\n","protected":false},"excerpt":{"rendered":"

Yesterday pumpers continued hammering YaFarm Technologies, Inc. (PINK:YFRM), after the stock closed up over 42%, carried by the current massive promotional campaign. Pumper MarketBulls sent a new tout email last night, touting the chart...<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[19],"class_list":["post-614","post","type-post","status-publish","format-standard","hentry","category-news","tag-yfrm"],"_links":{"self":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/comments?post=614"}],"version-history":[{"count":0,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/posts\/614\/revisions"}],"wp:attachment":[{"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/media?parent=614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/categories?post=614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/articles.thehotpennystocks.com\/articles\/wp-json\/wp\/v2\/tags?post=614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}